Bronzeville home prices fall in August 2018

The median sale price of a home sold in August 2018 in Bronzeville, a Chicago neighborhood, fell by $17,000 while total sales decreased by 23.7%, according to BlockShopper.com.

In August 2018, there were 29 homes sold, with a median sale price of $200,000 - a 7.8% decrease over the $217,000 median sale price for the same period of the previous year. There were 38 homes sold in Bronzeville in August 2017.

The median sales tax in Bronzeville for the most recent year with available data, 2017, was $2,777, approximately 1.4% of the median home sale price for August 2018.

The following table compares Bronzeville to other Chicago neighborhood with similar median sales prices in August 2018:

Neighborhood

Aug. 2018 Home Sales

Aug. 2017 Home Sales

% change (Total Home Sales)

Aug. 2018 Median Sales Price

Aug. 2017 Median Sales Price

% change (Median Sales Price)

Clearing

25

18

38.9%

$218,000

$232,500

-6.2%

Mount Greenwood

28

27

3.7%

$214,500

$245,000

-12.4%

West Elsdon

14

18

-22.2%

$209,000

$175,750

18.9%

O'Hare

8

8

0%

$208,750

$234,750

-11.1%

Morgan Park

22

17

29.4%

$206,500

$195,000

5.9%

Bronzeville

29

38

-23.7%

$200,000

$217,000

-7.8%

Boystown

43

63

-31.7%

$199,000

$261,000

-23.8%

Rogers Park

50

53

-5.7%

$198,750

$180,000

10.4%

West Lawn

30

20

50%

$195,000

$185,000

5.4%

Scottsdale

18

20

-10%

$186,500

$171,000

9.1%

Austin

68

56

21.4%

$181,500

$138,000

31.5%

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